Banks
Dwindling UCBs, surging deposits: RBI digital publication reveals it all
The RBI unveiled a comprehensive digital publication titled ‘Primary (Urban) Cooperative Banks’ Outlook this week which meticulously delves into various...
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TJSB Sah Bank registers impressive growth; earns net profit of Rs 216cr
The fourth largest urban cooperative bank in India- TJSB Sahakari Bank’s business crossed to more than Rs 22,000 crore and...
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RBI Report: Operating profit of scheduled UCBs rises to Rs 4,632cr
The 51 scheduled urban cooperative banks earned Rs 5,479 crore as interest on investments as on 31st March 2023 and...
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RBI fines four UCBs; imposes directive on Shirpur Merchants’ Co-op Bank
The Reserve Bank of India imposed monetary penalties on four urban cooperative banks and issued a fresh direction on Shirpur...
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RBI imposes penalties of Rs 95.40 lakh on one StCB and four UCBs
The Reserve Bank of India imposed penalties on five cooperative banks worth Rs 95.40 lakh for breaching the RBI norms...
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Karimnagar DCCB emerges role model for nation; earns profit of Rs 100cr
In a remarkable achievement, the Karimnagar District Cooperative Bank, headquartered in Telangana and spearheaded by prominent cooperator K Ravinder Rao,...
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Rajkot Nag Sah Bank joins Rs 10K cr Club; Upbeat Mehta announces on FB
Gujarat’s leading urban co-op bank- Rajkot Nagarik Sahakari Bank has performed impressively by crossing the business mix of more than...
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FY 23-24: Godavari Urban Multistate Credit Co-op performs spectacularly
Maharashtra based leading multi-state cooperative credit society namely-Godavari Urban Multistate Credit Cooperative Society performed well on all the financial parameters...
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PM stresses need to ensure credit flow to poor at RBI@90 event
In his address at the RBI@90 event in Mumbai, Prime Minister Narendra Modi emphasized the imperative of ensuring credit accessibility...
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Gujarat Kheti Bank earns impressive profits of Rs 91cr with nil NPA
Releasing the provisional data, Gujarat State Co-operative Agricultural and Rural Development Bank (popularly known as Kheti Bank) earned a gross...
Read moreRBI imposes penalties on five co-op banks yet again; Howrah DCCB in list
Again on Wednesday, the Reserve Bank of India imposed monetary penalties on five cooperative banks. These banks are Mandi Urban...
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RBI imposes monetary penalties on five co-op banks worth Rs 89.95 lakh
The Reserve Bank of India imposed monetary penalties on five cooperative banks worth Rs 89.95 lakh. A hefty fine has...
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Shah launches NUCFDC; calls it game changer for UCB sector
Saturday marked a significant milestone in India's cooperative sector as Union Home Minister and Minister of Cooperation, Amit Shah, inaugurated...
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“20 years” struggle comes to fruition; Shah to inaugurate NUCFDC
After two decades of persistent effort, the long-awaited moment has finally arrived. Union Minister Amit Shah is poised to inaugurate...
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RBI revokes license of Sumerpur Mercantile UCB; 99% depositors safe
Reserve Bank of Indian cancelled the license of Rajasthan based Sumerpur Mercantile Urban Cooperative Bank and has asked the Rajasthan...
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